Rogers Operating Income vs Tax Provision Analysis

ROG Stock

USD 117.99 1.71 1.43%

Rogers financial indicator trend analysis is much more than just breaking down Rogers prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rogers is a good investment. Please check the relationship between Rogers Operating Income and its Tax Provision accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rogers Operating Income account and Tax Provision. At this time, the significance of the direction appears to have fragmental relationship.

The correlation between Rogers' Operating Income and Tax Provision is 0.49. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Tax Provision in the same time period over historical financial statements of Rogers, assuming nothing else is changed. The correlation between historical values of Rogers' Operating Income and Tax Provision is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Rogers are associated (or correlated) with its Tax Provision. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Tax Provision has no effect on the direction of Operating Income i.e., Rogers' Operating Income and Tax Provision go up and down completely randomly.

Correlation Coefficient

0.49

Relationship Direction	Positive
Relationship Strength	Weak

View All Relationships

Operating Income

Operating Income is the amount of profit realized from Rogers operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Rogers is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Most indicators from Rogers' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rogers current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.At this time, Rogers' Selling General Administrative is most likely to increase significantly in the upcoming years. The Rogers' current Discontinued Operations is estimated to increase to about 123.2 K, while Tax Provision is projected to decrease to roughly 19.8 M.

	2021	2022	2023	2024 (projected)
Gross Profit	349.1M	321.0M	307.1M	322.5M
Total Revenue	932.9M	971.2M	908.4M	953.8M

Gross Profit Total Revenue

Rogers fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock Total Equity	Common Stock
Total Assets		0.33	0.69	0.73	0.97	0.94	-0.22	0.98	0.49	0.99	0.38	0.5	0.99	0.78	0.41	0.96	0.76	0.72	0.54	0.83	0.96	-0.36	0.83	0.91	0.73	0.71
Short Long Term Debt Total	0.33		0.14	0.41	0.12	0.11	0.6	0.16	0.51	0.27	0.43	0.51	0.27	0.41	0.93	0.36	-0.12	0.23	0.87	0.07	0.42	-0.38	0.53	0.27	0.32	0.38
Other Current Liab	0.69	0.14		0.6	0.68	0.71	-0.06	0.67	0.23	0.73	0.49	0.23	0.69	0.35	0.27	0.66	0.4	0.59	0.39	0.65	0.57	-0.42	0.61	0.78	0.3	0.28
Total Current Liabilities	0.73	0.41	0.6		0.63	0.54	-0.29	0.61	0.81	0.67	0.67	0.81	0.68	0.8	0.57	0.61	0.25	0.85	0.75	0.47	0.81	0.0	0.64	0.66	0.76	0.76
Total Stockholder Equity	0.97	0.12	0.68	0.63		0.97	-0.35	1.0	0.38	0.98	0.26	0.38	0.98	0.69	0.19	0.93	0.85	0.69	0.34	0.87	0.9	-0.33	0.76	0.9	0.66	0.62
Property Plant And Equipment Net	0.94	0.11	0.71	0.54	0.97		-0.24	0.98	0.23	0.96	0.12	0.24	0.97	0.59	0.17	0.93	0.9	0.56	0.3	0.94	0.84	-0.37	0.68	0.9	0.57	0.52
Net Debt	-0.22	0.6	-0.06	-0.29	-0.35	-0.24		-0.29	-0.36	-0.18	-0.12	-0.36	-0.21	-0.35	0.5	-0.05	-0.26	-0.46	0.32	-0.17	-0.3	-0.51	0.09	-0.11	-0.34	-0.32
Retained Earnings	0.98	0.16	0.67	0.61	1.0	0.98	-0.29		0.35	0.98	0.22	0.36	0.99	0.69	0.23	0.95	0.87	0.66	0.36	0.88	0.9	-0.36	0.76	0.91	0.65	0.61
Cash	0.49	0.51	0.23	0.81	0.38	0.23	-0.36	0.35		0.37	0.7	1.0	0.4	0.8	0.56	0.34	-0.04	0.79	0.69	0.12	0.69	0.14	0.44	0.31	0.69	0.74
Non Current Assets Total	0.99	0.27	0.73	0.67	0.98	0.96	-0.18	0.98	0.37		0.32	0.38	0.99	0.7	0.36	0.96	0.8	0.66	0.48	0.86	0.91	-0.42	0.84	0.93	0.67	0.64
Non Currrent Assets Other	0.38	0.43	0.49	0.67	0.26	0.12	-0.12	0.22	0.7	0.32		0.7	0.28	0.58	0.58	0.28	-0.27	0.64	0.66	-0.07	0.47	-0.08	0.54	0.26	0.46	0.55
Cash And Short Term Investments	0.5	0.51	0.23	0.81	0.38	0.24	-0.36	0.36	1.0	0.38	0.7		0.4	0.8	0.56	0.35	-0.03	0.79	0.69	0.13	0.7	0.14	0.45	0.32	0.7	0.75
Net Receivables	0.99	0.27	0.69	0.68	0.98	0.97	-0.21	0.99	0.4	0.99	0.28	0.4		0.72	0.34	0.96	0.82	0.66	0.47	0.88	0.93	-0.36	0.8	0.92	0.69	0.65
Common Stock Shares Outstanding	0.78	0.41	0.35	0.8	0.69	0.59	-0.35	0.69	0.8	0.7	0.58	0.8	0.72		0.55	0.68	0.4	0.77	0.68	0.39	0.88	0.02	0.67	0.5	0.97	0.98
Non Current Liabilities Total	0.41	0.93	0.27	0.57	0.19	0.17	0.5	0.23	0.56	0.36	0.58	0.56	0.34	0.55		0.43	-0.1	0.32	0.97	0.1	0.49	-0.31	0.59	0.3	0.5	0.56
Inventory	0.96	0.36	0.66	0.61	0.93	0.93	-0.05	0.95	0.34	0.96	0.28	0.35	0.96	0.68	0.43		0.78	0.58	0.52	0.84	0.89	-0.45	0.8	0.88	0.64	0.61
Other Current Assets	0.76	-0.12	0.4	0.25	0.85	0.9	-0.26	0.87	-0.04	0.8	-0.27	-0.03	0.82	0.4	-0.1	0.78		0.3	0.0	0.88	0.64	-0.26	0.46	0.73	0.45	0.36
Other Stockholder Equity	0.72	0.23	0.59	0.85	0.69	0.56	-0.46	0.66	0.79	0.66	0.64	0.79	0.66	0.77	0.32	0.58	0.3		0.51	0.42	0.78	-0.12	0.67	0.63	0.69	0.67
Total Liab	0.54	0.87	0.39	0.75	0.34	0.3	0.32	0.36	0.69	0.48	0.66	0.69	0.47	0.68	0.97	0.52	0.0	0.51		0.22	0.63	-0.25	0.66	0.43	0.63	0.67
Property Plant And Equipment Gross	0.83	0.07	0.65	0.47	0.87	0.94	-0.17	0.88	0.12	0.86	-0.07	0.13	0.88	0.39	0.1	0.84	0.88	0.42	0.22		0.73	-0.33	0.51	0.9	0.39	0.32
Total Current Assets	0.96	0.42	0.57	0.81	0.9	0.84	-0.3	0.9	0.69	0.91	0.47	0.7	0.93	0.88	0.49	0.89	0.64	0.78	0.63	0.73		-0.21	0.77	0.82	0.81	0.81
Short Term Debt	-0.36	-0.38	-0.42	0.0	-0.33	-0.37	-0.51	-0.36	0.14	-0.42	-0.08	0.14	-0.36	0.02	-0.31	-0.45	-0.26	-0.12	-0.25	-0.33	-0.21		-0.59	-0.49	0.09	0.11
Intangible Assets	0.83	0.53	0.61	0.64	0.76	0.68	0.09	0.76	0.44	0.84	0.54	0.45	0.8	0.67	0.59	0.8	0.46	0.67	0.66	0.51	0.77	-0.59		0.78	0.59	0.6
Accounts Payable	0.91	0.27	0.78	0.66	0.9	0.9	-0.11	0.91	0.31	0.93	0.26	0.32	0.92	0.5	0.3	0.88	0.73	0.63	0.43	0.9	0.82	-0.49	0.78		0.44	0.4
Common Stock Total Equity	0.73	0.32	0.3	0.76	0.66	0.57	-0.34	0.65	0.69	0.67	0.46	0.7	0.69	0.97	0.5	0.64	0.45	0.69	0.63	0.39	0.81	0.09	0.59	0.44		0.98
Common Stock	0.71	0.38	0.28	0.76	0.62	0.52	-0.32	0.61	0.74	0.64	0.55	0.75	0.65	0.98	0.56	0.61	0.36	0.67	0.67	0.32	0.81	0.11	0.6	0.4	0.98

Click cells to compare fundamentals

Rogers Account Relationship Matchups

Rogers fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.3B	1.3B	1.6B	1.6B	1.5B	1.6B
Short Long Term Debt Total	123M	25M	190M	216.8M	50.4M	79.1M
Other Current Liab	67.2M	75.5M	99.3M	84.7M	60.2M	32.9M
Total Current Liabilities	100.2M	111.5M	163.9M	142.5M	116.4M	68.4M
Total Stockholder Equity	933.9M	1.0B	1.1B	1.2B	1.3B	1.3B
Property Plant And Equipment Net	260.2M	272.4M	327.0M	358.4M	385.2M	404.5M
Net Debt	(43.8M)	(166.8M)	(42.3M)	(19.1M)	(81.3M)	(77.2M)
Retained Earnings	823.7M	873.7M	981.8M	1.1B	1.2B	1.2B
Cash	166.8M	191.8M	232.3M	235.9M	131.7M	82.6M
Non Current Assets Total	809.1M	789.8M	1.0B	986.3M	990.3M	1.0B
Non Currrent Assets Other	93.4M	85.3M	92.0M	77.1M	8.4M	8.0M
Cash And Short Term Investments	166.8M	191.8M	232.3M	235.9M	131.7M	86.3M
Net Receivables	149.0M	164.0M	202.9M	220.1M	211.4M	222.0M
Common Stock Shares Outstanding	18.7M	18.7M	18.9M	19.0M	18.7M	17.8M
Liabilities And Stockholders Equity	1.3B	1.3B	1.6B	1.6B	1.5B	1.6B
Non Current Liabilities Total	239.1M	131.7M	315.7M	331.2M	141.8M	117.9M
Inventory	132.9M	102.4M	133.4M	182.4M	153.5M	161.2M
Other Current Assets	10.8M	13.1M	13.6M	17.4M	30.3M	31.8M
Other Stockholder Equity	138.5M	148.0M	163.6M	140.7M	151.8M	84.8M
Total Liab	339.3M	243.3M	479.7M	473.7M	258.2M	186.3M
Property Plant And Equipment Gross	260.2M	272.4M	694.8M	740.0M	770.9M	809.4M
Total Current Assets	464.1M	474.2M	584.1M	659.9M	526.9M	553.2M
Accumulated Other Comprehensive Income	(46.9M)	(19.6M)	(45.2M)	(85.3M)	(66.4M)	(63.1M)
Short Term Debt	2.7M	7.0M	3.0M	498K	3.9M	5.2M
Intangible Assets	158.9M	118.0M	176.4M	133.7M	123.9M	130.1M
Accounts Payable	33.0M	36.0M	64.7M	57.3M	50.3M	52.8M
Common Stock Total Equity	18.6M	18.7M	18.7M	18.6M	21.4M	16.8M
Common Stock	18.6M	18.7M	18.7M	18.6M	18.6M	16.9M
Good Will	262.9M	270.2M	370.2M	352.4M	359.8M	377.8M
Other Liab	108.3M	106.7M	125.7M	104.2M	119.9M	83.4M
Other Assets	105.8M	129.3M	124.7M	71.8M	82.6M	49.3M
Property Plant Equipment	264.9M	272.4M	327.0M	358.4M	412.2M	432.8M
Current Deferred Revenue	(2.7M)	(7.0M)	(3.0M)	2M	1.8M	1.7M
Net Tangible Assets	512.0M	632.6M	572.4M	687.7M	790.8M	467.8M
Retained Earnings Total Equity	823.7M	873.7M	981.8M	1.1B	1.3B	736.6M
Long Term Debt Total	123M	25M	190M	215M	247.3M	151.2M
Capital Surpluse	138.5M	148.0M	163.6M	140.7M	161.8M	133.6M
Capital Lease Obligations	5.9M	4.6M	407K	1.8M	18.9M	19.8M

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When determining whether Rogers is a strong investment it is important to analyze Rogers' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Rogers' future performance. For an informed investment choice regarding Rogers Stock, refer to the following important reports:

How To Invest In Rogers

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Is Rogers Stock a good investment?

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What is Rogers' Net Worth?

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Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rogers. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in persons.

For more detail on how to invest in Rogers Stock please use our How to Invest in Rogers guide.

You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.

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When running Rogers' price analysis, check to measure Rogers' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rogers is operating at the current time. Most of Rogers' value examination focuses on studying past and present price action to predict the probability of Rogers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rogers' price. Additionally, you may evaluate how the addition of Rogers to your portfolios can decrease your overall portfolio volatility.

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Is Rogers' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rogers. If investors know Rogers will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rogers listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.65)

Earnings Share

3.64

Revenue Per Share

47.204

Quarterly Revenue Growth

(0.12)

Return On Assets

0.0217

The market value of Rogers is measured differently than its book value, which is the value of Rogers that is recorded on the company's balance sheet. Investors also form their own opinion of Rogers' value that differs from its market value or its book value, called intrinsic value, which is Rogers' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rogers' market value can be influenced by many factors that don't directly affect Rogers' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Rogers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Rogers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rogers' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Rogers Operating Income vs Tax Provision Analysis

Operating Income vs Tax Provision

Operating Income vs Tax Provision Correlation Analysis

Correlation Coefficient

Operating Income

Tax Provision

Rogers fundamental ratios Correlations

Rogers Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Rogers fundamental ratios Accounts

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Complementary Tools for Rogers Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Retained Earnings	+ 1.0	Total Stockholder Equity
Cash And Short Term Investments	+ 1.0	Cash
Non Current Assets Total	+ 0.99	Total Assets
Net Receivables	+ 0.99	Total Assets
Net Receivables	+ 0.99	Retained Earnings
Net Receivables	+ 0.99	Non Current Assets Total

Intangible Assets	- 0.59	Short Term Debt
Short Term Debt	- 0.51	Net Debt
Accounts Payable	- 0.49	Short Term Debt
Other Stockholder Equity	- 0.46	Net Debt
Short Term Debt	- 0.45	Inventory
Short Term Debt	- 0.42	Non Current Assets Total